【正文】 Zurich Stock Exchange 蘇黎世證券交易所37 / 37。Zero coupon bonds 零券息債券YoY 按年(度)計(jì)YTM 到期收益 (率)Yield to Maturity 到期收益 (率)Yield curve 收益曲線Yield to call 購(gòu)回時(shí)收益Yearend dividend 年終股利Xerox 復(fù)印本；影印副本金融詞匯表(YZ)MORGAN STANLEYX/R (Exrights) 除權(quán)；不帶新股認(rèn)股權(quán)WTO 世界貿(mào)易組織World Bank 世界銀行Witholding tax 預(yù)扣稅Wire room 交易室；電訊室Weighted Average Cost of Capital 加權(quán)平均資金成本W(wǎng)eak holdings 短期持股Wages payable 應(yīng)付工資Volume 成交量Vertical merger 垂直式合并Variable equity return 浮動(dòng)股本回報(bào) (率)Value added tax 增值稅Utilization rate 利用率；使用率Valuation 估值US Treasury 美國(guó)國(guó)庫(kù)債券US Financial Firm/Institution 美國(guó)金融公司/機(jī)構(gòu)US Investment Bank 美國(guó)投資銀行Upfront premium payment 一次清償權(quán)利金Unsecured debt 無(wú)擔(dān)保債務(wù)Upfront premium payment 一次清償權(quán)利金Unit trust 單位信托Underwriting syndicate 承銷銀團(tuán)Undistributed profit 未分配利潤(rùn)Underwriter 包銷商；承銷商Turnover ratio 周轉(zhuǎn)率Unconditional and irrevocable letter of credit 無(wú)條件及不可撤銷信用狀Trough 波谷；周期的轉(zhuǎn)折點(diǎn)Tranche 發(fā)行份額/部分Trade deficit 貿(mào)易赤字；貿(mào)易逆差Toronto Futures Exchange 多倫多期貨交易所Toll revenue bond 通行稅收入債券Tokyo International Financial Futures Exchange 東京國(guó)際金融期貨交易所Time horizon 投資期Tick size 價(jià)格變動(dòng)單位Tenor 票期；合約期Taxable munis 課稅的州政府債券Tax haven jurisdiction 稅務(wù)優(yōu)惠的司法權(quán)區(qū)TARGET System 跨國(guó)支付系統(tǒng)：泛歐自動(dòng)實(shí)時(shí)總清算高速轉(zhuǎn)帳系統(tǒng)，是英文TransEuropean Automated Real Time Gross Settlement Express Transfer System的簡(jiǎn)稱。Taiwan Weighted Stock Index 臺(tái)灣加權(quán)股價(jià)指數(shù) 協(xié)同效益Synthetic securities 組合證券；合成證券Syndicated loan 銀團(tuán)貸款Swap 掉期Subordinated debt w/ revenue participation rights 附收益參與權(quán)利的次級(jí)債務(wù)Structured financing 結(jié)構(gòu)融資Strike price 執(zhí)行價(jià)；行使價(jià)Street price 場(chǎng)外價(jià)格Strangle 勒束式期權(quán)組合Stocks 股票；股份Stockholm Options Market 斯德哥爾摩期權(quán)市場(chǎng)Stock Market 股票市場(chǎng)；股市Stock Exchange AutomatedState shares 國(guó)家股Stock Broker 股票經(jīng)紀(jì)Startup stage [投資] 創(chuàng)建期 Poor 標(biāo)準(zhǔn)普爾Sprint period 沖刺期Stall speed 失速Spread 差額。Spot market 現(xiàn)貨市場(chǎng)Sovereign rate 國(guó)家信用評(píng)級(jí)Small Cap 小型股；小型公司Singapore Stock Exchange 新加坡證券交易所SIMEX 新加坡國(guó)際金融交易所Sidelined investors 抱觀望態(tài)度投資者Short and medium term loans 中短期貸款Shenzhen Stock Exchange 深圳證券交易所Shell pany 空殼公司Sharp Ratio 夏普指數(shù) ；回報(bào)風(fēng)險(xiǎn)指數(shù)Shareholder value 股東價(jià)值Shanghai Stock Exchange 上海證券交易所Shareholders39。Settlement 交割；結(jié)算Sell short 賣空；拋空Securities Exchange of Thailand 泰國(guó)證券交易所(證監(jiān)會(huì))( 香港)Secured debt 有擔(dān)保債務(wù)Sector Fund 產(chǎn)業(yè)基金；板塊基金Second junior subordinated debenture 更次一級(jí)公司債SEATS 證券交易所另項(xiàng)交易系統(tǒng) (英國(guó))Samurai bonds 武士債券Samp。Samp。與已在美國(guó)證券交易所掛牌上市的證券同屬一級(jí)別的證券并不符合144A條例的再發(fā)售資格。通過(guò)豁免注冊(cè)手續(xù)，144A條例顯著提高了美國(guó)機(jī)構(gòu)投資者買入外國(guó)公司證券的機(jī)會(huì)。RSI 相對(duì)強(qiáng)弱指數(shù)ROCE 已投資資本回報(bào)（率）路演包括各種不同類型的會(huì)議，比如最受重視的主要投資者說(shuō)明會(huì)和一對(duì)一投資者會(huì)議，以及間中也會(huì)進(jìn)行的小組投資者會(huì)議。Risk rated ratio 風(fēng)險(xiǎn)權(quán)重ROA 資產(chǎn)回報(bào)（率）Risk factor 風(fēng)險(xiǎn)因素Right issue 供股（集資）Rights to the priority distributions 優(yōu)先分派權(quán)Revenuesharing 收入分成Return on asset 資產(chǎn)回報(bào)（率）Return on capital employed 已投資資本回報(bào)（率）Retail players (= retail investors) 散戶/個(gè)人投資者Restricted securities 受限制證券Restructuring 改組；重組Resistance line 阻力線Repurchase agreement 回購(gòu)協(xié)議Residual asset 剩余資產(chǎn)Replacement cost 重置成本Relative strength index 相對(duì)強(qiáng)弱指數(shù)REIT/REITs是英文Real Estate Investment Trust/Trusts的縮寫。REITRefinery 提煉Red chip 紅籌股Redeem/redemption 贖回Recognition of ine 收入列帳Recapitalization 資本重組；再資本化Recourse 追索權(quán)Real Estate Investment Trusts 房地產(chǎn)投資信托基金；不動(dòng)產(chǎn)投資信托公司Rating 評(píng)級(jí)Rating Agency 信用評(píng)級(jí)機(jī)構(gòu)Ramping 炒高價(jià)格Quick ratio 速動(dòng)比率（又稱酸性測(cè)驗(yàn)比率）Quoted pany (= listed pany) 上市公司Quasi money 準(zhǔn)貨幣Qualitative analysis 定性分析Quantitative analysis 定量分析就銀行機(jī)構(gòu)而言，必須符合最低凈值不少于2,500萬(wàn)美元的要求A 提問(wèn)與回答；答問(wèn)大會(huì)Put option 出售/認(rèn)沽期權(quán)Putable bond 可退回債券Purchasing Power Parity (PPP) 購(gòu)買力平價(jià) 公益金Public Listing 公開(kāi)上市，掛牌上市Proxy 委任證書PSE 太平洋證券交易所Promissory note 本票Program arranger 排人Project approval 立項(xiàng)Profitsharing plan 利潤(rùn)共享計(jì)劃Private Wealth Management 私人財(cái)富管理Privatization 民營(yíng)化；私有化；私營(yíng)化Privately operated mines 民采礦Private Banking 私人銀行；個(gè)人銀行Private Equity 私募股本；非上市股本；非上市股票；直接投資Prime rate 最優(yōu)惠利率Price range 定價(jià)區(qū)間（發(fā)行）Price talk 定價(jià)談判新聞(發(fā)布) 稿Present value 現(xiàn)值Premium put 溢價(jià)贖回Preferential treatment 優(yōu)惠待遇s Republic of China 中華人民共和國(guó)(中國(guó))Praecipium 額外酬金Potential obligation 潛在義務(wù)/負(fù)債Power of attorney 授權(quán)書Postdated cheque 期票Portfolio 投資組合Portfolio Management 資產(chǎn)組合管理Pollutant 污染物Physical assets reserve specifically authorized 特準(zhǔn)儲(chǔ)備物資Physical warrant 實(shí)股認(rèn)股權(quán)證Performing loan 良好貸款Per capita ine 人均收入Performance bond 履約保證Pension PlanPenalty provision 懲罰/罰金條款Payoff profile 盈利分析Parity 平價(jià)Par 票面值Paidup capital 實(shí)收資本；已繳足資本Pacific Economic Cooperation Council 太平洋經(jīng)濟(jì)合作會(huì)議Owned fund/own funds 自有資金P/E multiple 市盈倍數(shù)Oversubscription 超額認(rèn)購(gòu)OverTheCounter 場(chǎng)外交易Outofthemoney 價(jià)外；失值（期權(quán)）Oslo Stock Exchange 奧斯陸證券交易所Organization of Petroleum Exporting Countries 石油出口國(guó)組織Option 期權(quán)；選擇權(quán)Operating concessions 特許經(jīng)營(yíng)權(quán)OPEC 石油出口國(guó)組織Offer for sale 公開(kāi)發(fā)售Offbalance sheet 資產(chǎn)負(fù)債表外Odd lots 零碎股NPLs 不良貸款；逾放款；到期未能償還貸款Obligatory right 強(qiáng)制性權(quán)利；債權(quán)Nonperforming Loans 不良貸款；逾放款；到期未能償還貸款Nonoperating ine 非經(jīng)營(yíng)收入Noncallable 不可贖回Noload fund 免傭基金New York Mercantile Exchange 紐約商品交易所New York Cotton Exchange, Inc. 紐約棉花交易所有限公司Net asset value 資產(chǎn)凈值NBIC 指納米科技、生物、信息和認(rèn)知科學(xué)，是英文Nanotechnology, Biotechnology, Information Technology and Cognitive Science的簡(jiǎn)稱。National Automated Payment System 國(guó)家自動(dòng)支付系統(tǒng) (中國(guó))Natural resources 自然資源NAPS 國(guó)家自動(dòng)支付系統(tǒng) (中國(guó))MultiTranche Offering 分期或分多個(gè)份額發(fā)行MSCI (Morgan Stanley Capital International) 摩根士丹利資本國(guó)際MTN 中期票據(jù)Most Favored Nation 最惠國(guó)待遇Moral hazard 道德風(fēng)險(xiǎn)Moratorium 凍結(jié)；宣布停止還款；延期付款命令Monopoly Enterprise 壟斷/獨(dú)占企業(yè)Mo